Seoul Business Day definition

Seoul Business Day means each day on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in Seoul.
Seoul Business Day means any day that is not a Saturday, a Sunday or other day on which banks are required or authorized by law to be closed in Seoul, Korea (whether or not such day is a Business Day in the City of New York, New York).
Seoul Business Day means a day (other than a Saturday or Sunday) on which commercial banks settle payments and are open for general business in Seoul.

Examples of Seoul Business Day in a sentence

  • In the event the Scheduled KRW Valuation Date becomes subject to the adjustment as set forth in the previous paragraph upon the occurrence of an Unscheduled Holiday and the KRW Valuation Date has not occurred on or before the 14th consecutive day after the Scheduled KRW Valuation Date (any such period being a "Deferral Period") then the next day after the Deferral Period that would have been a Seoul Business Day but for the Unscheduled Holiday shall be deemed to be the KRW Valuation Date.

  • Interest will be payable on the other Portfolio Security (the "Semi-Annual Portfolio Security") semi-annually in arrear on the 8th day of Apriland October of each year (or if such day is not a Seoul Business Day, the next Seoul Business Day) commencing in October 2008 (each a "Semi-Annual Portfolio Securities Payment Date" and, together with each Quarterly Portfolio Securities Payment Date, a "Portfolio Securities Payment Date").

  • Any such repurchase will take place on the Repurchase Date, which shall be a Seoul Business Day falling ten Seoul Business Days (or, in the case of a Set-off Breach, five Seoul Business Days) after the date of receipt of the Repurchase Notice served by the Purchaser (acting on the Security Agent’s instructions) on the Seller.

  • The Seoul Business Day (as defined in Article 8 (8)) immediately following the day on which a Conversion Notice has been deposited with the transfer agent or the Company, as the case may be, in full compliance with the procedures set forth in this Article 8 (5) (and subject to the conditions and requirements set forth in Article 8 (5) 3 (e), if applicable) is referred to herein as a "Conversion Date".

  • The Back-up Servicer will also receive copies of all relevant reports prepared by the Servicer pursuant to the Servicing Agreement but will not be required to comply with any standby servicing requirements (as specified in the Servicing Agreement) until the Seoul Business Day falling seven Seoul Business Days after the Seoul Business Day on which it has received notice of the occurrence of a Servicer Downgrade Event.

  • Not later than 8:00 a.m. (Korea time) on the Seoul Business Day following the Expiration Date, the Agent will advise the Company, in accordance with written instructions to be sent by the Company and received by the Agent, as to (i) the total number of New ADSs subscribed for pursuant to the exercise of ADS Rights and (ii) the aggregate amount of the ADS Subscription Deposit Price received by the Agent in respect of such subscriptions in U.S. dollars.

  • The Seoul Business Day (as defined in Article 8 (8)) immediately following the day on which a Conversion Notice has been deposited with the transfer agent or the Company, as the case may be, in full compliance with the procedures set forth in this Article 8 (5) (and subject to the conditions and requirements set forth in Article 8 (5) 3 (e), if applicable) is referred to herein as a “Conversion Date”.


More Definitions of Seoul Business Day

Seoul Business Day means any day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in Seoul. REDEMPTION FOLLOWING THE OCCURRENCE OF A CREDIT EVENT
Seoul Business Day means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in Seoul generally are authorized or obligated by law, regulation or executive order to close.
Seoul Business Day means each day on which commercial banks settle payments and are open for general business in Seoul.

Related to Seoul Business Day

  • School business day means any calendar day except Saturdays, Sundays, and any federal and school holidays upon which the office of the Superintendent is open to the public for business. A school business day concludes or terminates upon the closure of the Superintendent’s office for the calendar day.

  • Local Business Day means, subject to the Schedule, a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits)

  • TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System or any successor is open.

  • Bank Business Day means a day on which the Bank conducts business activities as per its effective opening hours, so when the Bank is open for the purpose of executing payment transactions.

  • CSD Business Day means a day on which the Book-Entry Securities System is open in accordance with the regulations of the CSD.

  • New York Business Day means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in New York City are generally authorized or obligated by law or executive order to close.

  • SOFR Business Day means any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.

  • USGS Business Day means any day except for a Saturday, Sunday or a day on which the Securities Industry and Financial Markets Association or any successor thereto (“SIFMA”) recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in U.S. government securities.

  • RFR Business Day means as applicable, for any Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to (i) Sterling, a day on which banks are open for general business in London and (ii) Euro, a TARGET Day.

  • Domestic Business Day means any day except a Saturday, Sunday or other day on which commercial banks in New York City are authorized by law to close.

  • Euro Business Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET) System, or any successor system, is open for business.

  • Index Business Day means, in respect of an Index, any day on which the Index Sponsor in respect of such Index is scheduled to publish the level of the Index.

  • Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.

  • Relevant Business Day means a day on which the Trans-European Automated Real-time Gross Settlement Express Transfer payment system which utilises a single shared platform and which was launched on 19 November 2007 (TARGET2) is open for the settlement of payments in EUR.

  • non-business day means Saturday, Sunday and any other day that is a holiday as defined in the Interpretation Act (Canada);

  • Payment Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in Stockholm and Frankfurt am Main and on which the Clearing System settles payments in the Issue Currency.

  • Hong Kong Business Day means a day (other than a Saturday or Sunday) on which banks in Hong Kong are open for normal business, provided that where as a result of a number 8 typhoon signal, black rainstorm warning or other similar event, the period during which banks in Hong Kong are open on any day is reduced, such day shall not be a Hong Kong Business Day unless the Manager and the Depositary determine otherwise or such other day or days as the Manager and the Depositary may determine.

  • London Business Day Any day on which dealings in deposits of United States dollars are transacted in the London interbank market.

  • Canadian Business Day means a day of the year on which banks are not required or authorized by law to close in Toronto, Ontario or in Mxxxxxxx, Xxxxxx, Xxxxxx or New York, New York.

  • Currency Business Day means a day on which commercial banks and foreign exchange markets are open for general business (including dealings in foreign exchange and foreign currency deposits) in the principal financial centre of the Relevant Currency or, in the case of euros, a city in which banks in general have access to the TARGET2 System.